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There are a several key tourneys on Sunday August 16th and this is one of them.
On Sunday August 16th at 12:45pm ET, Party Poker will be hosting their $300K Guaranteed Sunday NL Hold'em tournament. This is the best weekly event with the site although this week they have a couple other key tournaments as well (check out their satellites to the PokerNews Cup and to the PartyPoker World Open!).
In the $300K Guaranteed the blinds will be starting at 20/40 and they will only be increasing every 20 minutes. The buy in fee is $215 including the site's fee.
You'll need to be registered with Party Poker to enter this tournament and be sure to check out their home page for any special bonuses!